cancel
Showing results for 
Search instead for 
Did you mean: 

Fastest fool proof way to increase your credit score?

Highlighted
Frequent Contributor

Re: Fastest fool proof way to increase your credit score?

Utilization, utilization, utilization!!!! Reduce it! Credit cards, if rebuilding credit, should be report between 1% - 7%. You’ll see a nice boost just with that.
Message 11 of 12
Highlighted
Regular Contributor

Re: Fastest fool proof way to increase your credit score?

The biggest gain I've seen at one time on my fico score was 23 points from getting a charged off account removed through a Goodwill letter. So getting negatives removed but other than that only thing that will net a big gain is if you pay down debt and have a huge drop in utilization.
Experian Fico 8 starting score - 530 (Feb 19)
Current score - 675(as of April 2020)
Goal score - 700s across the board by the end of this year
Chase card (AU) - $3,000
Missionlane - $1,100
Quicksilverone - $500
CFNA Firestone - $900
Discover it - $2,000
2 installments 92% paid
20% utilization
Message 12 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.